2021年工业科技报告（英）-51页_21mb

Industrial Tech Summary

Core Content

Industrial Tech is a rapidly growing sector in Europe, driven by the need for digital transformation and decarbonization. It represents a key solution to the climate crisis, with startups leveraging technology to address environmental challenges and improve industrial efficiency.

Main Points

Market Growth

• The combined enterprise value of European Industrial Tech companies has grown to €74 billion, a 2.2x increase from the previous year.
• There are 13 unicorns and $1B+ exits in the sector, highlighting its maturity and potential.
• The sector is expected to become a €300 billion market as digitization and innovation continue to drive growth.

Investment Trends

• 56% of investment in European Industrial Tech comes from outside Europe, primarily the US and Asia, up from 27% in 2020.
• Alternative investments have increased from 35% in 2020 to 49% in 2021.
• Corporate investment is rising, particularly in sectors like Energy, Robotics, IoT, and Advanced Materials, as companies seek to innovate and become more sustainable.

Key Sectors

• Logistics, Procurement, Robotics, and Cybersecurity are among the hottest sectors.
• The report identifies 18 core segments in Industrial Tech, including Logistics, Robotics, Connectivity & IoT, Energy, Advanced Materials, Data Analytics, Construction, Additive Manufacturing, Workflow & Project Management, Drones & Drone Software, Workforce Management, Simulation, AR/VR, Marketplaces, and Cybersecurity.

Notable Startups

• Celonis (Germany): Valuation of €10B, leading in process mining for logistics and procurement.
• AutoStore (Norway): Valuation of €7B, an automated warehouse solution.
• Darktrace (UK): Valuation of €6.6B, known for its AI-powered cybersecurity.
• InPost (Poland): Valuation of €6.5B, an e-commerce logistics company.
• AGILE ROBOTS (Germany): Valuation of €1B, providing intelligent robotics solutions.

Investment Highlights

• In 2021, record investment occurred, with mega-rounds such as:
  • Celonis ($1.0B Series D)
  • secunet ($240M Series C)
  • AGILE ROBOTS ($220M Series C)
  • sendcloud ($177M Series C)
  • sennder ($160M Series D)
  • Cognite ($150M Series B)

Exit Trends

• Exits in 2021 are worth 4x more than the combined value of exits from the previous seven years.
• Notable exits include:
  • InPost (€8.0B IPO)
  • Darktrace (€2.0B IPO)
  • AutoStore (€7.0B Secondary)
  • Spinnova (€390M IPO)
  • HubS (€255M Acquisition)
  • Proactis (€89M Buyout)

Key Insights

• The acceleration of Industrial Tech is fueled by Covid-19 and the climate crisis, which have increased the urgency for innovation.
• Speedinvest and Dealroom.co have identified 18 core segments, indicating a more detailed and diversified Industrial Tech landscape.
• The DACH region (Germany, Austria, Switzerland) and the Nordics have the most industrial-focused startup ecosystems in Europe.

Contributors

• The report is supported by contributions from industry leaders and investors, including:
  • Franziska Bossart (Global Vice President, ABB Technology Ventures)
  • Jenny Bofinger-Schuster (SVP Sustainability & Operational Excellence, Siemens)
  • Robin Dechant (Co-Founder, Aveo Initiator of the Future of Manufacturing Community)
  • Sudhanshu Sarronwala (Chief Impact Officer, Infarm)
  • Grant Aarons (Co-Founder and CEO, FabricNano)
  • Marie-Helene Ametsreiter (General Partner, Industrial Tech at Speedinvest)
  • Ann Mettler (Vice President, Europe at Breakthrough Energy)
  • Leonard Schmid (Associate at Speedinvest)

Conclusion

Industrial Tech is evolving into a major force in Europe, with significant growth in value, investment, and exits. It is becoming a critical part of the climate and digital transformation agenda, supported by global and alternative investors, and driven by corporate innovation and R&D-focused universities. The sector is poised for continued growth, with a strong pipeline of rising stars and future unicorns.